The Actuary Analyst will assist the Exposure Management team with profitability analysis, underwriting analysis, predictive modeling, and developing strategies to increase profits for all FedNat Holding Company insurance carriers. The Actuary Analyst will monitor and maintain profitability through rate indications, pricing reviews, and the filing/implementation of rate changes and/or new products. The Actuary Analyst will work with both internal and external resources to develop data management and analyses for new and current profit metrics and insurance products.
Develop and maintain traditional and multivariate pricing, underwriting, and other models pertaining to homeowners’ risks.
Develop pricing projections by performing analyses which require retrieving and analyzing appropriate data.
Perform deep dive reviews that require analysis of trends, factors, and other data-related issues to answer specific business questions.
Analyze and propose changes to existing rating plans and products.
Analyze impacts and benefits of new products and rating characteristics.
Provide documentation and support for rate filings and statutory reporting.
Conduct ad-hoc studies addressing a wide variety of modeling, actuarial, and other business concerns.
Assist with actuarial reserving functions.
Collaborative effort in the development, enhancement and implementation of statistical and other quantitative models to support loss prediction, assess value, and predict policy behavior or financial performance.
Interact with several departments within the company and conduct research leading to potentially useful predictive models in the future.
In depth knowledge and understanding of actuarial practice.
In depth knowledge of property products and concepts relating to the P&C industry.
Strong knowledge of data analysis and forecasting methods.
Strong analytical, critical thinking, and project skills.
Ability to project results, deal with ambiguity, solve problems, make decisions, see trends/patterns within data sets, and identify root causes.
Effective communication with business partners at all levels of the organization.
Tenacity & Ethics
Technology proficient (excel, access, word, SQL, R and ability to learn new software).
Must perform well under pressure and in a changing environment.
Self-motivated and directed; ability to collaborate is a must, but you will be autonomous and expected to succeed without heavy direction.
Telecommuting is allowed.
About FedNat Holding Company
FEDNAT INSURANCE IS MORE THAN A POLICY.
It’s a Promise. One We’ve Kept Since 1992.
At FedNat Insurance Company, we are committed to providing our customers with the coverage they need and the service they deserve. Our unmatched customer service and fair, competitive pricing gives our customers peace of mind protection for their home and everything in it.
At FedNat we continuously seek individuals who are qualified, highly motivated and demonstrate our principles of professionalism, cooperation, communication, accountability, innovation and respect. If that sounds like you, we have career opportunities available that could be a fit. Take a look our current open positions to see if we have any openings that interest you.
We are an Equal Opportunity Employer and Drug-Free Workplace, offering a great environment, competitive pay, benefits and training.